Macroeconomic structural policies and income inequality in low-income developing countries / Stefania Fabrizio, Davide Furceri, Rodrigo Garcia-Verdu, Bin Grace Li, Sandra V. Lizarazo, Marina Mendes Tavares, Futoshi Narita, and Adrian Peralta-Alva.

By:

Fabrizio, Stefania [author,, (IMF staff)]

Contributor(s):

Material type: Text

TextSeries: IMF staff discussion note ; SDN/17/01.Publisher: [Washington, D.C.] : International Monetary Fund, [2017]Copyright date: ©2017Description: 1 online resource (42 pages): color illustrationsContent type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781475570496
147557049X

ISSN:

2221-030X

Other title:

Macro-structural policies and income inequality in low-income developing countries [Cover title]

Subject(s):

Genre/Form:

Electronic books.

Additional physical formats: Print Version:: Macro-Structural Policies and Income Inequality in Low-Income Developing CountriesDDC classification:

339.2 23

LOC classification:

HC79.I5 F322 2017

Online resources:

Click here to access online

Abstract: Despite sustained economic growth and rapid poverty reductions, income inequality remains stubbornly high in many low-income developing countries. This pattern is a concern as high levels of inequality can impair the sustainability of growth and macroeconomic stability, thereby also limiting countries' ability to reach the Sustainable Development Goals. This underscores the importance of understanding how policies aimed at boosting economic growth affect income inequality. Using empirical and modeling techniques, the note confirms that macro-structural policies aimed at raising growth payoffs in low-income developing countries can have important distributional consequences, with the impact dependent on both the design of reforms and on country-specific economic characteristics. While there is no one-size-fits-all recipe, the note explores how governments can address adverse distributional consequences of reforms by designing reform packages to make pro-growth policies also more inclusive.

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Item type	Home library	Collection	Call number	Materials specified	Status	Date due	Barcode
Electronic-Books	OPJGU Sonepat- Campus	E-Books EBSCO			Available

"January 2017."

Includes bibliographical references (pages 39-42).

Despite sustained economic growth and rapid poverty reductions, income inequality remains stubbornly high in many low-income developing countries. This pattern is a concern as high levels of inequality can impair the sustainability of growth and macroeconomic stability, thereby also limiting countries' ability to reach the Sustainable Development Goals. This underscores the importance of understanding how policies aimed at boosting economic growth affect income inequality. Using empirical and modeling techniques, the note confirms that macro-structural policies aimed at raising growth payoffs in low-income developing countries can have important distributional consequences, with the impact dependent on both the design of reforms and on country-specific economic characteristics. While there is no one-size-fits-all recipe, the note explores how governments can address adverse distributional consequences of reforms by designing reform packages to make pro-growth policies also more inclusive.

Description based on online resource; title from PDF title page (IMF Web site, viewed March 21, 2017).

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